CENTENNIAL, Colo., March 18, 2021 /PRNewswire/ -- NioCorp
Developments Ltd. ("NioCorp" or the
"Company") (TSX:NB) (OTCQX:NIOBF) is pleased to
announce the availability of a new video featuring Chief Operations
Officer Scott Honan discussing
NioCorp's ongoing review of the economic prospect of adding rare
earth-based products to the company's existing planned product
suite of niobium, scandium, and titanium critical materials
products, once project financing is secured and the Project is
operational.
The video can be seen here:
https://youtu.be/gDzLhRfjxTg
Qualified Persons: Scott
Honan, M.Sc., SME-RM, COO of NioCorp Developments Ltd., a
Qualified Person as defined by National Instrument 43-101, has
reviewed and approved the technical information contained in the
referenced video.
@NioCorp $NB $NIOBF #ElkCreek #Niobium #Scandium #ElkCreek
#Nebraska #rareearth
For More Information
Contact Jim Sims, VP of External Affairs, NioCorp
Developments Ltd., 720-639-4650, jim.sims@niocorp.com
About NioCorp
NioCorp is developing a superalloy
materials project in Southeast
Nebraska that will produce the critical minerals niobium,
scandium, and titanium. Niobium is used to produce superalloys as
well as High Strength, Low Alloy ("HSLA") steel, which is a
lighter, stronger steel used in automotive, structural, and
pipeline applications. Scandium is a superalloy material that can
be combined with aluminum to make alloys with increased strength
and improved corrosion resistance. Scandium is also a critical
component of advanced solid oxide fuel cells. Titanium is used in
various superalloys and is a key component of pigments used in
paper, paint and plastics and is also used for aerospace
applications, armor and medical implants. NioCorp is also
evaluating the rare earth potential of its Nb/Ti/Sc Resource.
Forward-Looking Statements Disclaimers
Certain
statements contained in this news release and in the video
referenced may constitute forward-looking statements, including
statements regarding the potential of economically producing rare
earth products in addition to the company's currently planned suite
of products. Readers are cautioned that such forward-looking
statements involve known and unknown risks, uncertainties and other
factors that may cause a change in such assumptions and the actual
outcomes and estimates to be materially different from those
estimated or anticipated future results, achievements or position
expressed or implied by those forward-looking statements. Risks,
uncertainties and other factors that could cause NioCorp's plans or
prospects to change include risks related to the Company's ability
to operate as a going concern; risks related to the Company's
requirement of significant additional capital; changes in demand
for and price of commodities (such as fuel and electricity) and
currencies; changes in economic valuations of the Project, such as
Net Present Value calculations, changes or disruptions in the
securities markets; legislative, political or economic
developments; the need to obtain permits and comply with laws and
regulations and other regulatory requirements; the possibility that
actual results of work may differ from projections/expectations or
may not realize the perceived potential of NioCorp's projects;
risks of accidents, equipment breakdowns and labor disputes or
other unanticipated difficulties or interruptions; the possibility
of cost overruns or unanticipated expenses in development programs;
operating or technical difficulties in connection with exploration,
mining or development activities; the speculative nature of mineral
exploration and development, including the risks of diminishing
quantities of grades of reserves and resources; and the risks
involved in the exploration, development and mining business and
the risks set forth in the Company's filings with Canadian
securities regulators at www.sedar.com and the SEC at www.sec.gov.
NioCorp disclaims any intention or obligation to update or revise
any forward-looking statements whether as a result of new
information, future events or otherwise.
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SOURCE NioCorp Developments Ltd.
